We're expanding our business model

Summize is a Manchester-based software provider for the legal sector, and we have reported a 250% revenue increase each quarter for this financial year as a result of a growing demand for our time-saving technology.

We have now secured ten new significant contracts since the start of the year, as well as diversifying our business model with the development of an entirely new revenue channel.

Our clients are now being offered a managed services option, enabling them to extend the artificial intelligence and machine learning-driven software to their own clients.

As a leading developer and supplier of intelligent software, we give users the ability to understand, manage and review contracts in their own way, as well as analyzing and summarizing multiple contracts at once. It allows users to build bespoke clauses, making contract reviews easier and more flexible for time-poor professionals.

The platform, which supports SMEs, in-house and private practice teams, has been created to automate a traditionally time-intensive manual process and can save clients up to 85% in time cost per review. Such teams and clients include Brabners, Elior, Zuto, and Flexicare.

In addition to our sales and customer increase, we have also been focused on our team development during the COVID-19 pandemic, making three new hires in the last month, taking our current headcount to 15, up from our two co-founders in 2019.

Tom Dunlop, our Founder and CEO, said:

‍“It’s a really exciting time for Summize and the software sector as a whole. Having only brought our product to market this year, we have already welcomed an impressive roster of clients, which has accelerated in recent months despite the current economic pressures. We are growing at a fast rate financially, geographically and across our client base, and the influx of market demand has only accelerated that growth in recent months.

“Legal professionals are notoriously time-poor and the digital transformation agenda has historically lagged in this sector. Additionally, given the added pressures implied by the coronavirus pandemic, they are looking to autonomous platforms like ours to make their lives easier. We are constantly reviewing and developing our technology to keep ahead of the curve and that’s why we have added this managed services option, to allow our customers to provide a better service to their network.”

In 2019, we received a £500,000 investment from NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund.

Learn even more about our team, history and product offering below.